Facebook's teeter-totter on the Nasdaq has caused some to wonder whether it's a good idea for Internet companies to go public. After a little back-and-forth and a bit of careful consideration, the online travel agency Kayak has decided to take the plunge.
Trading is scheduled to begin on the Nasdaq tomorrow, with the company's initial public offering set at $26 per share -- above the expected range of $22 to $25, according to CNBC. Kayak aims to sell 3.5 million shares, it said in its regulatory filing last week. At $26, that would mean raising $91 … Read more